65FR38240 Notice of Request for Extension of a Currently Approved Information Collection
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Posting-number: Volume 65, Issue 119, Page 38240
[Federal Register: June 20, 2000 (Volume 65, Number 119)]
[Notices]
[Page 38240-38241]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr20jn00-34]
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DEPARTMENT OF AGRICULTURE
Commodity Credit Corporation
Notice of Request for Extension of a Currently Approved
Information Collection
AGENCY: Commodity Credit Corporation, USDA.
ACTION: Notice and request for comments.
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SUMMARY: In accordance with the Paperwork Reduction Act of 1995, this
notice announces the Commodity Credit Corporation's (CCC) intention to
request an extension for a currently approved information collection in
support of the CCC Supplier Credit Guarantee Program (SCGP) based on
re-estimates.
DATES: Comments on this notice must be received by August 21, 2000 to
be assured of consideration.
ADDITIONAL INFORMATION OR COMMENTS: Contact Merle Brown, Director,
Program Administration Division, Foreign Agricultural Service, U.S.
Department of Agriculture, AgStop 1031, Washington, DC 20250-1031,
telephone (202) 720-3573.
SUPPLEMENTARY INFORMATION:
Title: CCC Supplier Credit Guarantee Program (SCGP).
OMB Number: 0551-0037.
[[Page 38241]]
Expiration Date of Approval: December 31, 2000.
Type of Request: Extension of a currently approved information
collection.
Abstract: The primary objective of the SCGP is to expand U.S.
agricultural exports by making available export credit guarantees to
encourage U.S. private sector financing of foreign purchases of U.S.
agricultural commodities on credit terms. Furthermore, the SCGP is
designed to assist exporters of U.S. agricultural commodities who wish
to provide relatively short term (up to 180 days) credits to their
importers evidenced by promissory notes executed by such importers. The
CCC currently offers the SCGP for exports to at least 11 countries and
10 country regions, with 1,008 exporters eligible to participate. Under
7 CFR Part 1493, Subpart D, exporters are required to submit the
following: (1) Information about the exporter for program
participation, (2) export sales information in connection with applying
for a payment guarantee, (3) information regarding the actual export of
the commodity, (evidence of export report), (4) notice of default and
claims for loss, and (5) other documents, if applicable, including
notice assignment of the right to receive proceeds under the export
credit guarantee. In addition, each exporter and exporter's assignee
(U.S. financial institution) must maintain records on all information
submitted to CCC and in connection with sales made under the SCGP. The
information collected is used by CCC to manage, plan, evaluate and
account for government resources. The reports and records are required
to ensure the proper and judicious use of public funds.
Estimate of Burden: The public reporting burden for these
collections is estimated to average 0.4672 hours per response.
Respondents: Exporters of U.S. agricultural commodities, banks or
other financial institutions, producer associations, export trade
associations, and U.S. Government agencies.
Estimated Number of Respondents: 288 per annum.
Estimated Number of Responses per Respondent: 8.66 per annum.
Estimated Total Annual Burden of Respondents: 1,165.75 hours.
Copies of this information collection can be obtained from Kimberly
Chisley, the Agency Information Collection Coordinator, at (202) 720-
2568.
Requests for comments: Send comments regarding (a) Whether the
proposed collection of information is necessary for the proper
performance of the functions of the agency, including whether the
information will have practical utility; (b) the accuracy of the
agency's estimate of the burden of the proposed collection of
information; (c) ways to enhance the quality, utility and clarity of
the information to be collected; and (d) ways to minimize the burden of
the collection of information on those who are to respond, including
through the use of automated, electronic, mechanical, or other
technological collection techniques or other forms of information
technology. Comments may be sent to Merle Brown, Director, Program
Administration Division, Foreign Agricultural Service, U.S. Department
of Agriculture, AgStop 1031, Washington, DC 20250-1031, or to the Desk
Officer for Agriculture, Office of Information and Regulatory Affairs,
Office of Management and Budget, Washington, DC 20503. Persons with
disabilities who require an alternative means for communication of
information (Braille, large print, audiotape, etc.) should contact
USDA's Target Center at (202) 720-2600 (voice and TDD). All responses
to this notice will be summarized and included in the request for OMB
approval. All comments will also become a matter of public record.
Mary T. Chambliss,
Acting, General Sales Manager, Foreign Agriculture Service.
[FR Doc. 00-15495 Filed 6-19-00; 8:45 am]
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